Ho Fuk Wing, known colloquially as the el chinito de RECADI (lit.
On 28 April 1989, judge Luis Guillermo Larriva López issued an arrest warrant against the Chinese businessmen, naturalized Venezuelan citizens, Ho Fuk Wing and Ho Fuk Shum.
[3] Both were charged with the crime of "fraudulent use" of state money for founding 19 fake import companies between 1984 and 1986 and obtaining dollars at preferential rates from the government.
[2] Ho Fuk Wing was imprisoned for three years before being sentenced and detained for an additional four months.
[4][5] Ho Fuk Wing is often cited as the only person convicted of corruption related to the RECADI exchange control, so the Venezuelan slang has adopted the expression "chinito de RECADI" (lit.